Home Ownership Challenges

Weekly Commentary from Tony Alexander

In summary....

- It has become harder to buy a house not because of one generation’s buying but numerous factors we have discussed hundreds of times in this publication since 2009 whilst warning about the upward house price implications.

- Young buyers these days need to make deep sacrifices in spending on other things if they want to purchase a house and if such sacrifices cannot be made home ownership could well remain out of reach.

- Getting credit from banks has become harder and further rationing of an increasingly limited supply of funds is coming.

You will find the Weekly Overview at this link.